Welcome to Kegonsa Capital Partners

Kegonsa Capital Partners, LLC is a Wisconsin-based venture capital management firm.

KCP is the general partner of the Kegonsa Seed Fund I, LP, the premier Wisconsin seed venture capital fund, the managing member of Kegonsa Coinvest Fund, LLC, a Wisconsin-based growth stage venture capital fund and with partner Sun Mountain Capital, LLC, a Santa Fe venture capital fund manager, the manager of the Badger Fund of Funds I, LP, a Wisconsin based fund of funds focused on investing in seed and early stage Wisconsin venture capital funds.

The primary objective of Kegonsa managed funds is Limited Partner IRR benchmarked to Cambridge and Associates venture capital index. See Cambridge and Associates venture capital index.

Investment Strategy

KCP employs a Money for Minnows investment strategy. The goal of the Money for Minnows strategy is to obtain the national average investor return for each venture investment segment by increasing new company creation. Investor risk is minimized by spreading venture capital across diverse industries, technologies, and locations throughout Wisconsin.

Investor Return

KCP uses the Cambridge and Associates venture capital index as a benchmark for the Kegonsa managed funds, see Cambridge and Associates venture capital index.

The Kegonsa Seed Fund returned all of the investor's capital contributions to the Fund by the seventh year of operation, has had three portfolio companies acquired and provided Limited Partners an annual internal return exceeding 20% based on GAAP.

The Kegonsa Coinvest Fund has had three exits within the nine portfolio companies with four portfolio companies in operation.

The Badger Fund of Funds had a final close on June 3, 2016. The fund has made investment commitments to four Wisconsin venture capital funds, three seed/early stage focused funds and one growth stage focused fund. The Badger Fund expects two portfolio fund closings in Q1 2017.

Risk Management

KCP managed funds invest in all product and technology segments, including Web 2.0, internet, biotech, pharmaceuticals, and clean tech. This minimizes investor risk from a bubble or downswing in a specific product or technology market.

KCP Portfolio

About Management

Key to the success of the KCP funds is the experience of the KCP Managing Director, Ken Johnson. Johnson was an entrepreneur, angel investor, and start-up company manager. Johnson founded five companies, participated in the management of six companies, was CEO of three, and sat on the Board of Directors of seven start-ups. Of the 12 companies he invested in, three have failed, eight have had successful exits for investors, and one is operating. Prior to being an entrepreneur, he was an Associate at Paramount Capital, a Manhattan based investment bank, and worked with WARF, University of Wisconsin – Madison’s patent and licensing organization.

About Money for Minnows

The Money for Minnows strategy is described in detail in a white paper presented on the Money for Minnows page. This white paper which was published in 2010, highlights the benefits of Money for Minnows using the actual investment results of the KCP managed funds.

Click to download and share a PDF white paper about the Money for Minnows strategy.